i have to agree with what your saying, even as an employee I don’t agree with taxpayers propping up VA. Why should they VA is totally stuffed financially - this is not the employees doing, how is it not trading insolvent right now?
The mis management has been guided by the board and chairwoman. Anyone whom disagreed divested their share holdings (Air NZ) or was promptly shown the door (JT). The current chairwoman is silent.
Do tell how It can survive any length of time. When 5.7billion came in revenue they still managed to “burn” effectively 1 million a week.
The Naysayers continued to tell us, nah it’s all good we have 1 billion in cash.
You’ll burn that 960million $ AUD pretty quick on leases and other commitments/debt I assume are written in USD.
The rot continues today Non EBA staff only being asked to take one month LWOP at “their”leisure over the next 6months, whilst frontline staff are stood down.
That’s great I’m glad the social team has been “stood up”
FFS cupcakes all round Yeahhhhhh it’s international women’s day, yup that’s what’s important when we are drowning throw us another bull**** distraction to get behind.
The icing on the cake is QQ still flying wet leases with with VA crew and airframes grounded.
Who cares about Joyce, save your own company.
Wow. And I got caned just a few days ago for highlighting the more than 10 years of mismanagement that has been the main reason Virgin is a basket case, well before COVID-19 arrived. The Board should be walked out the door immediately for their pathetic support for successive inept CEO’s and CFO’s. But sadly it is too late anyway.